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Title: IL&FS, SB Energy in JV to set up solar parks

Source:Mint

Date:29 May 2018

IL&FS Energy, a subsidiary of Infrastructure Leasing & Financial Services Ltd (IL&FS) Group has partnered with SoftBank owned SB Energy to jointly develop grid-connected solar parks, the two companies said in statement. These parks will be developed across various locations in India, the statement said. IL&FS Energy and SB Energy have agreed to facilitate the development of solar parks with aggregate capacity of over 20 GW by 2025. IL&FS Energy operates conventional and renewable power projects in India and specializes in providing integrated and comprehensive professional services towards development of energy projects.